Texas Constitution:Article III, Section 49-i - Revision history

Admin: Text replacement - "this constitution" to "this Constitution"

2024-06-17T15:55:24Z

Text replacement - "this constitution" to "this Constitution"

← Older revision		Revision as of 10:55, June 17, 2024
Line 7:		Line 7:
	'''(c) The Legislature may establish an interest and sinking account and other accounts within the Texas Agricultural Fund and within the Rural Microenterprise Development Fund. The Legislature may provide for the investment of bond proceeds and of the interest and sinking accounts. Income from the investment of money in the funds that is not immediately committed to the payment of the principal of and interest on the bonds or the provision of financial assistance shall be used to create new employment and business opportunities in the State through the diversification and expansion of agricultural or rural small businesses, as provided by the Legislature.'''		'''(c) The Legislature may establish an interest and sinking account and other accounts within the Texas Agricultural Fund and within the Rural Microenterprise Development Fund. The Legislature may provide for the investment of bond proceeds and of the interest and sinking accounts. Income from the investment of money in the funds that is not immediately committed to the payment of the principal of and interest on the bonds or the provision of financial assistance shall be used to create new employment and business opportunities in the State through the diversification and expansion of agricultural or rural small businesses, as provided by the Legislature.'''

	'''(d) Bonds authorized under this section constitute a general obligation of the State. While any of the bonds or interest on the bonds is outstanding and unpaid, there is appropriated out of the first money coming into the Treasury in each fiscal year, not otherwise appropriated by this ~~constitution~~, the amount sufficient to pay the principal of and interest on the bonds that mature or become due during the fiscal year, less any amounts in the interest and sinking accounts at the close of the preceding fiscal year that are pledged to payment of the bonds or interest.'''		'''(d) Bonds authorized under this section constitute a general obligation of the State. While any of the bonds or interest on the bonds is outstanding and unpaid, there is appropriated out of the first money coming into the Treasury in each fiscal year, not otherwise appropriated by this Constitution, the amount sufficient to pay the principal of and interest on the bonds that mature or become due during the fiscal year, less any amounts in the interest and sinking accounts at the close of the preceding fiscal year that are pledged to payment of the bonds or interest.'''

	\|editor=		\|editor=

Admin: Text replacement - "|seo_image=Texas_Constitution_of_1876_Article_3.jpg" to "|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg"

2024-06-02T19:42:25Z

Text replacement - "|seo_image=Texas_Constitution_of_1876_Article_3.jpg" to "|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg"

← Older revision		Revision as of 14:42, June 2, 2024
Line 24:		Line 24:
	\|seo_keywords=Article 3 Section 49-i, agricultural fund, microenterprise fund		\|seo_keywords=Article 3 Section 49-i, agricultural fund, microenterprise fund
	\|seo_description=This section creates both the Texas Agricultural Fund and the Rural Microenterprise Development Fund.		\|seo_description=This section creates both the Texas Agricultural Fund and the Rural Microenterprise Development Fund.
	\|seo_image=~~Texas_Constitution_of_1876_Article_3~~.jpg		\|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg
	\|seo_image_alt=Article III: Legislative Department		\|seo_image_alt=Article III: Legislative Department

Admin at 16:39, August 9, 2023

2023-08-09T16:39:10Z

← Older revision		Revision as of 11:39, August 9, 2023
Line 1:		Line 1:
	{{DISPLAYTITLE:Article III, Section 49-i of the Texas Constitution (''<small>"Texas Agricultural Fund; Rural Microenterprise Development Fund"</small>'')}}{{Texas Constitution\|text=Added November 7, 1989:		{{DISPLAYTITLE:Article III, Section 49-i of the Texas Constitution (''<small>"Texas Agricultural Fund; Rural Microenterprise Development Fund"</small>'')}}{{Texas Constitution\|text=Added November 7, 1989:

	'''(a) The Legislature by law may provide for the issuance of general obligation bonds of the ~~state~~ for the purpose of providing money to establish a Texas Agricultural Fund in the State Treasury to be used without further appropriation in the manner provided by law and for the purpose of providing money to establish a Rural Microenterprise Development Fund in the State Treasury to be used without further appropriation in the manner provided by law. The Texas Agricultural Fund shall be used only to provide financial assistance to develop, increase, improve, or expand the production, processing, marketing, or export of crops or products grown or produced primarily in this ~~state~~ by agricultural businesses domiciled in the state. The Rural Microenterprise Development Fund shall be used only in furtherance of a program established by the Legislature to foster and stimulate the creation and expansion of small businesses in rural areas. The financial assistance offered by both funds may include loan guarantees, insurance, coinsurance, loans, and indirect loans or purchases or acceptances of assignments of loans or other obligations.'''		'''(a) The Legislature by law may provide for the issuance of general obligation bonds of the State for the purpose of providing money to establish a Texas Agricultural Fund in the State Treasury to be used without further appropriation in the manner provided by law and for the purpose of providing money to establish a Rural Microenterprise Development Fund in the State Treasury to be used without further appropriation in the manner provided by law. The Texas Agricultural Fund shall be used only to provide financial assistance to develop, increase, improve, or expand the production, processing, marketing, or export of crops or products grown or produced primarily in this State by agricultural businesses domiciled in the state. The Rural Microenterprise Development Fund shall be used only in furtherance of a program established by the Legislature to foster and stimulate the creation and expansion of small businesses in rural areas. The financial assistance offered by both funds may include loan guarantees, insurance, coinsurance, loans, and indirect loans or purchases or acceptances of assignments of loans or other obligations.'''

	'''(b) The principal amount of bonds outstanding at one time may not exceed $25 million for the Texas Agricultural Fund and $5 million for the Rural Microenterprise Development Fund.'''		'''(b) The principal amount of bonds outstanding at one time may not exceed $25 million for the Texas Agricultural Fund and $5 million for the Rural Microenterprise Development Fund.'''

	'''(c) The Legislature may establish an interest and sinking account and other accounts within the Texas Agricultural Fund and within the Rural Microenterprise Development Fund. The Legislature may provide for the investment of bond proceeds and of the interest and sinking accounts. Income from the investment of money in the funds that is not immediately committed to the payment of the principal of and interest on the bonds or the provision of financial assistance shall be used to create new employment and business opportunities in the ~~state~~ through the diversification and expansion of agricultural or rural small businesses, as provided by the Legislature.'''		'''(c) The Legislature may establish an interest and sinking account and other accounts within the Texas Agricultural Fund and within the Rural Microenterprise Development Fund. The Legislature may provide for the investment of bond proceeds and of the interest and sinking accounts. Income from the investment of money in the funds that is not immediately committed to the payment of the principal of and interest on the bonds or the provision of financial assistance shall be used to create new employment and business opportunities in the State through the diversification and expansion of agricultural or rural small businesses, as provided by the Legislature.'''

	'''(d) Bonds authorized under this section constitute a general obligation of the ~~state~~. While any of the bonds or interest on the bonds is outstanding and unpaid, there is appropriated out of the first money coming into the Treasury in each fiscal year, not otherwise appropriated by this constitution, the amount sufficient to pay the principal of and interest on the bonds that mature or become due during the fiscal year, less any amounts in the interest and sinking accounts at the close of the preceding fiscal year that are pledged to payment of the bonds or interest.'''		'''(d) Bonds authorized under this section constitute a general obligation of the State. While any of the bonds or interest on the bonds is outstanding and unpaid, there is appropriated out of the first money coming into the Treasury in each fiscal year, not otherwise appropriated by this constitution, the amount sufficient to pay the principal of and interest on the bonds that mature or become due during the fiscal year, less any amounts in the interest and sinking accounts at the close of the preceding fiscal year that are pledged to payment of the bonds or interest.'''

	\|editor=		\|editor=

Admin at 16:36, August 9, 2023

2023-08-09T16:36:00Z

← Older revision		Revision as of 11:36, August 9, 2023
Line 22:		Line 22:

	\|seo_title=Article III, Section 49-i of the Texas Constitution ("Texas Agricultural Fund; Rural Microenterprise Development Fund")		\|seo_title=Article III, Section 49-i of the Texas Constitution ("Texas Agricultural Fund; Rural Microenterprise Development Fund")
	\|seo_keywords=Article 3 Section 49-i~~, Texas Legislature~~, agricultural fund, microenterprise fund		\|seo_keywords=Article 3 Section 49-i, agricultural fund, microenterprise fund
	\|seo_description=This section creates both the Texas Agricultural Fund and the Rural Microenterprise Development Fund.		\|seo_description=This section creates both the Texas Agricultural Fund and the Rural Microenterprise Development Fund.
	\|seo_image=Texas_Constitution_of_1876_Article_3.jpg		\|seo_image=Texas_Constitution_of_1876_Article_3.jpg

Admin at 16:34, August 9, 2023

2023-08-09T16:34:40Z

← Older revision		Revision as of 11:34, August 9, 2023
Line 22:		Line 22:

	\|seo_title=Article III, Section 49-i of the Texas Constitution ("Texas Agricultural Fund; Rural Microenterprise Development Fund")		\|seo_title=Article III, Section 49-i of the Texas Constitution ("Texas Agricultural Fund; Rural Microenterprise Development Fund")
	\|seo_keywords=Article 3 Section 49-i, Texas Legislature, ~~...~~		\|seo_keywords=Article 3 Section 49-i, Texas Legislature, agricultural fund, microenterprise fund
	\|seo_description=~~The legislative power of~~ Texas ~~is vested in a Senate~~ and ~~House of Representatives~~.		\|seo_description=This section creates both the Texas Agricultural Fund and the Rural Microenterprise Development Fund.
	\|seo_image=Texas_Constitution_of_1876_Article_3.jpg		\|seo_image=Texas_Constitution_of_1876_Article_3.jpg
	\|seo_image_alt=Article III: Legislative Department		\|seo_image_alt=Article III: Legislative Department

Admin: Text replacement - "the treasury" to "the Treasury"

2023-08-07T21:22:10Z

Text replacement - "the treasury" to "the Treasury"

← Older revision		Revision as of 16:22, August 7, 2023
Line 7:		Line 7:
	'''(c) The Legislature may establish an interest and sinking account and other accounts within the Texas Agricultural Fund and within the Rural Microenterprise Development Fund. The Legislature may provide for the investment of bond proceeds and of the interest and sinking accounts. Income from the investment of money in the funds that is not immediately committed to the payment of the principal of and interest on the bonds or the provision of financial assistance shall be used to create new employment and business opportunities in the state through the diversification and expansion of agricultural or rural small businesses, as provided by the Legislature.'''		'''(c) The Legislature may establish an interest and sinking account and other accounts within the Texas Agricultural Fund and within the Rural Microenterprise Development Fund. The Legislature may provide for the investment of bond proceeds and of the interest and sinking accounts. Income from the investment of money in the funds that is not immediately committed to the payment of the principal of and interest on the bonds or the provision of financial assistance shall be used to create new employment and business opportunities in the state through the diversification and expansion of agricultural or rural small businesses, as provided by the Legislature.'''

	'''(d) Bonds authorized under this section constitute a general obligation of the state. While any of the bonds or interest on the bonds is outstanding and unpaid, there is appropriated out of the first money coming into the ~~treasury~~ in each fiscal year, not otherwise appropriated by this constitution, the amount sufficient to pay the principal of and interest on the bonds that mature or become due during the fiscal year, less any amounts in the interest and sinking accounts at the close of the preceding fiscal year that are pledged to payment of the bonds or interest.'''		'''(d) Bonds authorized under this section constitute a general obligation of the state. While any of the bonds or interest on the bonds is outstanding and unpaid, there is appropriated out of the first money coming into the Treasury in each fiscal year, not otherwise appropriated by this constitution, the amount sufficient to pay the principal of and interest on the bonds that mature or become due during the fiscal year, less any amounts in the interest and sinking accounts at the close of the preceding fiscal year that are pledged to payment of the bonds or interest.'''

	\|editor=		\|editor=

Admin: Text replacement - "state treasury" to "State Treasury"

2023-08-07T19:28:48Z

Text replacement - "state treasury" to "State Treasury"

← Older revision		Revision as of 14:28, August 7, 2023
Line 1:		Line 1:
	{{DISPLAYTITLE:Article III, Section 49-i of the Texas Constitution (''<small>"Texas Agricultural Fund; Rural Microenterprise Development Fund"</small>'')}}{{Texas Constitution\|text=Added November 7, 1989:		{{DISPLAYTITLE:Article III, Section 49-i of the Texas Constitution (''<small>"Texas Agricultural Fund; Rural Microenterprise Development Fund"</small>'')}}{{Texas Constitution\|text=Added November 7, 1989:

	'''(a) The Legislature by law may provide for the issuance of general obligation bonds of the state for the purpose of providing money to establish a Texas Agricultural Fund in the ~~state treasury~~ to be used without further appropriation in the manner provided by law and for the purpose of providing money to establish a Rural Microenterprise Development Fund in the ~~state treasury~~ to be used without further appropriation in the manner provided by law. The Texas Agricultural Fund shall be used only to provide financial assistance to develop, increase, improve, or expand the production, processing, marketing, or export of crops or products grown or produced primarily in this state by agricultural businesses domiciled in the state. The Rural Microenterprise Development Fund shall be used only in furtherance of a program established by the Legislature to foster and stimulate the creation and expansion of small businesses in rural areas. The financial assistance offered by both funds may include loan guarantees, insurance, coinsurance, loans, and indirect loans or purchases or acceptances of assignments of loans or other obligations.'''		'''(a) The Legislature by law may provide for the issuance of general obligation bonds of the state for the purpose of providing money to establish a Texas Agricultural Fund in the State Treasury to be used without further appropriation in the manner provided by law and for the purpose of providing money to establish a Rural Microenterprise Development Fund in the State Treasury to be used without further appropriation in the manner provided by law. The Texas Agricultural Fund shall be used only to provide financial assistance to develop, increase, improve, or expand the production, processing, marketing, or export of crops or products grown or produced primarily in this state by agricultural businesses domiciled in the state. The Rural Microenterprise Development Fund shall be used only in furtherance of a program established by the Legislature to foster and stimulate the creation and expansion of small businesses in rural areas. The financial assistance offered by both funds may include loan guarantees, insurance, coinsurance, loans, and indirect loans or purchases or acceptances of assignments of loans or other obligations.'''

	'''(b) The principal amount of bonds outstanding at one time may not exceed $25 million for the Texas Agricultural Fund and $5 million for the Rural Microenterprise Development Fund.'''		'''(b) The principal amount of bonds outstanding at one time may not exceed $25 million for the Texas Agricultural Fund and $5 million for the Rural Microenterprise Development Fund.'''

Admin at 16:57, July 26, 2023

2023-07-26T16:57:25Z

← Older revision		Revision as of 11:57, July 26, 2023
Line 10:		Line 10:

	\|editor=		\|editor=

	~~None.~~

	~~\|other=~~

	None.		None.
Line 25:		Line 21:
	None.		None.

	\|seo_title=Article III, Section _ of the Texas Constitution (" ~~...~~ ")		\|seo_title=Article III, Section 49-i of the Texas Constitution ("Texas Agricultural Fund; Rural Microenterprise Development Fund")
	\|seo_keywords=Article 3 Section _, Texas Legislature, ...		\|seo_keywords=Article 3 Section 49-i, Texas Legislature, ...
	\|seo_description=The legislative power of Texas is vested in a Senate and House of Representatives.		\|seo_description=The legislative power of Texas is vested in a Senate and House of Representatives.
	\|seo_image=Texas_Constitution_of_1876_Article_3.jpg		\|seo_image=Texas_Constitution_of_1876_Article_3.jpg

Admin: Text replacement - "}}↵↵Category:TxCon ArtIII Sec" to "|seo_title=Article III, Section _ of the Texas Constitution (" ... ") |seo_keywords=Article 3 Section _, Texas Legislature, ... |seo_description=The legislative power of Texas is vested in a Senate and House of Representatives. |seo_image=Texas_Constitution_of_1876_Article_3.jpg |seo_image_alt=Article III: Legislative Department }} Category:TxCon ArtIII Sec"

2023-07-24T22:20:17Z

Text replacement - "}}↵↵Category:TxCon ArtIII Sec" to "|seo_title=Article III, Section _ of the Texas Constitution (" ... ") |seo_keywords=Article 3 Section _, Texas Legislature, ... |seo_description=The legislative power of Texas is vested in a Senate and House of Representatives. |seo_image=Texas_Constitution_of_1876_Article_3.jpg |seo_image_alt=Article III: Legislative Department }} Category:TxCon ArtIII Sec"

← Older revision		Revision as of 17:20, July 24, 2023
Line 24:		Line 24:

	None.		None.

			\|seo_title=Article III, Section _ of the Texas Constitution (" ... ")
			\|seo_keywords=Article 3 Section _, Texas Legislature, ...
			\|seo_description=The legislative power of Texas is vested in a Senate and House of Representatives.
			\|seo_image=Texas_Constitution_of_1876_Article_3.jpg
			\|seo_image_alt=Article III: Legislative Department

	}}		}}

	[[Category:TxCon ArtIII Sec]]		[[Category:TxCon ArtIII Sec]]

imported>Admin at 17:20, January 4, 2023

2023-01-04T17:20:31Z

New page

{{DISPLAYTITLE:Article III, Section 49-i of the Texas Constitution (''<small>"Texas Agricultural Fund; Rural Microenterprise Development Fund"</small>'')}}{{Texas Constitution|text=Added November 7, 1989:

'''(a) The Legislature by law may provide for the issuance of general obligation bonds of the state for the purpose of providing money to establish a Texas Agricultural Fund in the state treasury to be used without further appropriation in the manner provided by law and for the purpose of providing money to establish a Rural Microenterprise Development Fund in the state treasury to be used without further appropriation in the manner provided by law. The Texas Agricultural Fund shall be used only to provide financial assistance to develop, increase, improve, or expand the production, processing, marketing, or export of crops or products grown or produced primarily in this state by agricultural businesses domiciled in the state. The Rural Microenterprise Development Fund shall be used only in furtherance of a program established by the Legislature to foster and stimulate the creation and expansion of small businesses in rural areas. The financial assistance offered by both funds may include loan guarantees, insurance, coinsurance, loans, and indirect loans or purchases or acceptances of assignments of loans or other obligations.'''

'''(b) The principal amount of bonds outstanding at one time may not exceed $25 million for the Texas Agricultural Fund and $5 million for the Rural Microenterprise Development Fund.'''

'''(c) The Legislature may establish an interest and sinking account and other accounts within the Texas Agricultural Fund and within the Rural Microenterprise Development Fund. The Legislature may provide for the investment of bond proceeds and of the interest and sinking accounts. Income from the investment of money in the funds that is not immediately committed to the payment of the principal of and interest on the bonds or the provision of financial assistance shall be used to create new employment and business opportunities in the state through the diversification and expansion of agricultural or rural small businesses, as provided by the Legislature.'''

'''(d) Bonds authorized under this section constitute a general obligation of the state. While any of the bonds or interest on the bonds is outstanding and unpaid, there is appropriated out of the first money coming into the treasury in each fiscal year, not otherwise appropriated by this constitution, the amount sufficient to pay the principal of and interest on the bonds that mature or become due during the fiscal year, less any amounts in the interest and sinking accounts at the close of the preceding fiscal year that are pledged to payment of the bonds or interest.'''

|editor=

None.

|other=

None.

|recent=

None.

|historic=

None.

}}

[[Category:TxCon ArtIII Sec]]